NOVONIX (NVX) Short Interest Ratio & Short Volume

Short interest is the volume of NOVONIX shares that have been sold short but have not yet been closed out or covered. As of March 31st, traders have sold 377,900 shares of NVX short. 0.31% of NOVONIX's shares are currently sold short. Learn More on NOVONIX's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. NVX shares currently have a short interest ratio of 3.0. Learn More on NOVONIX's short interest ratio.

Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock. Companies with a short interest percentage of 20% or more indicates widespread negative sentiment. 0.31% of NOVONIX's floating shares are currently sold short.

NOVONIX saw a increase in short interest in March. As of March 31st, there was short interest totaling 377,900 shares, an increase of 1.2% from the previous total of 373,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.31% of NOVONIX's shares are currently sold short. Here is how the short interest of companies in the industry of "electrical equipment" compare to NOVONIX: Fluence Energy, Inc. (11.31%), Byrna Technologies Inc. (18.21%), NET Power Inc. (11.52%), Ballard Power Systems Inc. (7.42%), SES AI Co. (11.04%), Amprius Technologies, Inc. (8.56%), Solid Power, Inc. (14.29%), Gauzy (1.07%), FREYR Battery, Inc. (12.16%), GrafTech International Ltd. (7.27%),

As of the most recent reporting period, the following stocks had the largest short interest positions: Invesco QQQ ($21.93 billion), iShares 20+ Year Treasury Bond ETF ($9.31 billion), Strategy Incorporated ($8.42 billion), Charter Communications, Inc. ($4.52 billion), Apollo Global Management, Inc. ($4.26 billion), Super Micro Computer, Inc. ($3.98 billion), Capital One Financial Co. ($3.79 billion), TC Energy Co. ($3.43 billion), AppLovin Co. ($2.91 billion), and Schlumberger Limited ($2.89 billion). View all of the most shorted stocks.

Short selling NVX is an investing strategy that aims to generate trading profit from NOVONIX as its price is falling. NVX shares are trading up $0.04 today. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for NOVONIX occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of NVX, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including NVX, twice per month. The most recent reporting period available is March, 31 2025.